1. After a half-decade of growing interest in this nascent fund category, sales plummeted. 2. But even a thin gain looked good compared to seven general equity fund categories, all of which experienced negative cash flow during the same three days. 3. But fund categories that can manage these big years also carry levels of risk that put them in the red from time to time. 4. By contrast, they yanked money out of a host of other Asian-centered fund categories. 5. By this I mean that you have one fund or fund category that represents a solid portfolio of domestic stocks and which is given the heaviest dollar weighting. 6. Every foreign stock fund category was a loser. 7. Every equity fund category, except those investing in gold mining and Canadian companies, recorded positive returns in the first half of the year, Lipper said. 8. Good performance and sky-high risk are the trademarks of Twentieth Century, in both the bond and the stock fund categories. 9. In the balanced fund category, there were four high-minimum funds. 10. Investors have a way of warming to popular fund categories just as those fund groups are preparing to disappoint, says Don Phillips, president of Morningstar Inc. |